Core Viewpoint - Jiangsu Xinhang New Materials Co., Ltd. is planning a share transfer of 4,035,720 shares, representing 3.00% of the total share capital, by its controlling shareholder Yan Liuxin, primarily due to personal funding needs [1][2][3]. Group 1: Share Transfer Details - The share transfer will not occur through centralized bidding or block trading, and the shares cannot be transferred by the acquirer within six months after the acquisition [1][2]. - The transfer price will be determined based on the average trading price of the stock over the 20 trading days prior to June 17, 2025, with a minimum price set at 70% of that average [3][4]. - The transfer will be organized by CITIC Securities, which will handle the pricing and allocation process based on price, quantity, and time priority [4]. Group 2: Shareholder Information - Yan Liuxin, the transferor, is the controlling shareholder, actual controller, director, and senior management of the company, holding more than 5% of the shares [1][2]. - The transferor has confirmed that the shares are free from any restrictions or prohibitions on transfer and comply with relevant regulations [2][5]. Group 3: Investor Eligibility - The acquirers must be institutional investors with appropriate pricing capabilities and risk tolerance, including securities companies, fund management companies, and other qualified institutional investors [4]. Group 4: Risk and Control - There are no disclosed risk matters or potential changes in control related to the company as per the Shenzhen Stock Exchange regulations [5].
新瀚新材: 询价转让计划书